Nevada Does Not Require Deposit Interest
Nevada landlords are not required to pay interest on your security deposit. But that does not mean they can do whatever they want with it.
Nevada does not require landlords to pay interest on security deposits. However, landlords must return the deposit within 30 days of move-out under Nev. Rev. Stat. § 118A.242.
•Your Rights
What Your Nevada Landlord Does Owe You
Interest or not, Nevada law gives you real protections on your security deposit:
- 30-day return deadline. Your landlord has 30 days after you move out to return your deposit or provide an accounting of deductions.
- Itemized statement required. Your landlord cannot just keep part of your deposit — they must provide a written, itemized list of every deduction and its amount within 30 days.
- Penalties for violations. If your landlord misses the deadline or makes illegal deductions, Nevada courts can award you up to 3x the wrongfully withheld amount.
Nevada landlords must return security deposits within 30 days of move-out under Nev. Rev. Stat. § 118A.242. Violations can result in up to 3x the wrongfully withheld amount.
•Full State Law
Nevada Security Deposit Law — Full Breakdown
Return deadlines, allowed deductions, penalty multipliers, small claims limits — everything you need to know about Nevada deposit law is on one page. Read the full Nevada security deposit law breakdown.
●Frequently Asked Questions
Frequently Asked Questions
Does Nevada require landlords to pay interest on security deposits?
No. Nevada does not require landlords to pay interest on security deposits. However, your landlord must still return your deposit within 30 days of move-out under Nev. Rev. Stat. § 118A.242.
What is my landlord required to do with my deposit in Nevada?
Your Nevada landlord must return your deposit within 30 days after you move out. They must provide an itemized statement listing any deductions. Failure to comply can result in penalties.
What happens if my Nevada landlord keeps my deposit?
If your landlord fails to return your deposit within 30 days, you can sue in small claims court for up to 3x the wrongfully withheld amount. Nevada small claims courts handle cases up to $10,000.
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DepositHawk is not a law firm and does not provide legal advice. Information and documents are for informational purposes only. No attorney-client relationship is created. Consult a licensed attorney for advice specific to your situation.